re: Ann: $58m Funding to Completion of Feasib...
Very frustrated Stoops, only holding a small residual parcel from what was meant to be a LT investment but as I was fortunate enough to double my money in just a few weeks I bailed and have been watching with a view to buying back in, primarily for the Dy.
Have to wait for the dust to settle on this one but must say I do not like the way they are going about things. Obviously CY doesn't want to take them out ATM but has he got what he wants with 36% of offtake now tied up? Is it a stalking game rather than running the flak of a full TO? Clever way to get a heap more of NTU without breaching 19.99% limit.
Getting too messy, need to get more detail & digest, hate these smart money men deals, like an iceberg you can only ever see 10% of what's going on.
NTU Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
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